7 May 2021 Current Affairs
In restructuring of loan resolution frame 2.0 for individual borrowers and small businesses, the outstanding loan of these borrowers must be upto how much to avail the facility?
The Individual borrowers and small businesses with loan outstanding of up to Rs 25 crore, who have not taken restructuring earlier and were standard as of March 2021, will be considered for restructuring till September 30, 2021.
The RBI Governor Shaktikanta Das has announced a Covid-19 healthcare package of Rs 50,000 crore to entities for access to emergency health security during the second wave of Covid-19.
The RBI has imposed a monetary penalty of Rs 3 crore against ICICI Bank for violating norms related to classification, valuation and operation of investment portfolio by banks.
The Prime Minister of India Narendra Modi and his British counterpart Boris Johnson has been unveiled an ambitious 10-year road map to elevate the India-UK bilateral relationship to a comprehensive strategic partnership.
EXAMIANS